$50 Billion per Year Cost for CO2 Reduction

U.S. Chamber of Commerce’s Institute for 21st Century Energy, reports that the EPA’s plans to regulate carbon dioxide emissions from power plants will cost the American economy more than $50 billion a year between now and 2030.

Coal Power rises to new high Late June 2014 in Germany, the demand for coal reaches the highest level since 2010 when 8 nuclear power plants were shutdown following the Fukushima disaster. Coal being cheap and abundant is the second biggest energy source on planet earth.40 percent of the world electricity is generated through coal.…

NASA lauches Orbiting Carbon Observatory-2 Mission This new satellite observer is NASA’s first spacecraft dedicated to making space-based observations of atmospheric carbon dioxide. Which is the principal human-produced driver of climate change. It will be a new science mission to Earth which will have the accuracy, resolution and coverage needed to provide more data about…

Obama proposes 30% cut to carbon emissions The Obama administration proposed regulations on Monday that would seek to reduce greenhouse gas or carbon emissions from power plants to 30% below 2005 levels by 2020. The proposed rules, dubbed the “Clean Power Plan,” are based on the White House’s executive powers under the Clean Air Act…